Hot Listing
Profitable Turnkey Retail Stores In Popular Vacation Hot Spot!
Business Description
Retail apparel and accessory stores, located 50 yards from each other in one of the most heavily visited destinations in the United States. This destination offers shopping, dining, entertainment, and water activities that keep a steady flow of customers. These stores have been established since 2012 and are owned and operated by an absentee owner. With all the non-essential add-back costs, they produce an amazing bottom-line net income to afford a very comfortable lifestyle and recoup your investment quickly. It's a perfect time to get in and start making a profit on the first day of ownership.
About the Business
- Years in Operation
- 13
- Number of Employees
- 12
- Facilities & Assets
- Three separate stores are located within a top vacation beach destination in Destin, Florida. Fixed assets are minimal mostly fixtures and displays with a combined inventory that ranges between $200-$300K depending on the time of the year
- Market Outlook / Competition
- Not much competition because this shopping center is the only one within 8-10 miles. The proximity to many hotels and condos creates heavy customer traffic because it is the only place for shopping, dining, and entertainment.
- Opportunities for Growth
- Growth opportunities include product line expansion within the current stores, the establishment of additional physical locations. The stores come with domain name registrations and one of the stores has a website that could be optimized. Expansion possibilities to other tourist destinations across the US, and internationally, capitalizing on the ease of brand transfer to new tourist locations
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $13,916.00 per month
- Lease Expiration
- 12/31/2031
About the Sale
- Seller Motivation
- Free up assets to pursue other opportunities
- Transition Support
- Management team in place: The owner is not involved in daily operations. Mainly keeps tabs on operations and finances. Currently, there are 7-12 Employees, including the management team
- Financing Options
- Negotiable. Owner would consider seller financing less than 75% of transaction
Listing Info
- ID
- 2345595
- Listing Views
- 1949
Listing ID: 2345595 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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